SEC 13F Intelligence

Managers / Q2 2025 · view latest →

ACADIAN ASSET MANAGEMENT LLC

CIK 0000916542 · 260 FRANKLIN STREET, BOSTON, MA, 02110 · 617-850-3500

Reported Value
$48.4B
Q2 2025
Positions
1,661
Filings on Record
29
Filed
Aug 7, 2025
original filing

Summary

Acadian Asset Management LLC reported $48.4B in U.S.-listed holdings across 1,661 positions for Q2 2025.

Its largest position, NVDA, represents 4.4% of the portfolio.

Compared with Q1 2025, the fund opened 285 new positions and exited 226.

Portfolio Metrics

Turnover
+8.2%
vs prior filed quarter
Top-10 Concentration
+23.4%
share of reported value
Largest Position
+4.4%
Nvidia Corporation
New / Exited
285 / 226
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $23.2BQ1 ’19Q2 ’19: $20.8BQ3 ’19: $23.4BQ4 ’19: $22.0BQ1 ’20: $17.5BQ1 ’20Q2 ’20: $23.2BQ3 ’20: $23.9BQ4 ’20: $25.9BQ1 ’21: $25.7BQ1 ’21Q2 ’21: $26.6BQ3 ’21: $26.2BQ4 ’21: $26.8BQ1 ’22: $24.3BQ1 ’22Q2 ’22: $19.6BQ3 ’22: $18.3BQ4 ’22: $20.3BQ1 ’23: $22.8BQ1 ’23Q2 ’23: $24.3BQ3 ’23: $23.9BQ4 ’23: $25.8BQ1 ’24: $28.7BQ1 ’24Q2 ’24: $32.5BQ3 ’24: $32.2BQ4 ’24: $34.5BQ1 ’25: $35.4BQ1 ’25Q2 ’25: $48.4BQ3 ’25: $57.3BQ4 ’25: $60.9BQ1 ’26: $70.5BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 87.6%ADR: 10.1%Other: 1.2%REIT: 0.5%ETP: 0.3%Other: 0.2%
  • Common Stock · 87.6% · $42.5B
  • ADR · 10.1% · $4.9B
  • Other · 1.2% · $588M
  • REIT · 0.5% · $230M
  • ETP · 0.3% · $154M
  • Other · 0.2% · $104M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TRPTC ENERGY CORPNEW+2.15M2.15M+$105M$105M
BBDBANCO BRADESCO S ANEW+13.31M13.31M+$41M$41M
DEDEERE & CONEW+76.9K76.9K+$39M$39M
YUMYUM BRANDS INCNEW+207.2K207.2K+$31M$31M
CTVACORTEVA INCNEW+396.0K396.0K+$30M$30M
CARRCARRIER GLOBAL CORPORATIONNEW+363.3K363.3K+$27M$27M
AMRZAMRIZE LTDNEW+514.9K514.9K+$26M$26M
NSCNORFOLK SOUTHN CORPNEW+82.2K82.2K+$21M$21M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2025

494 positions (from 500 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NVDANVIDIA CORPORATIONhistory →COM4.39%$2.1B13.47M
2MSFTMICROSOFT CORPhistory →COM3.07%$1.5B2.99M
3AAPLAPPLE INChistory →COM2.85%$1.4B6.74M
4GOOGLALPHABET INCCAP STK CL A · CAP STK CL C2.77%$1.3B7.60M
5AMZNAMAZON COM INChistory →COM2.45%$1.2B5.41M
6METAMETA PLATFORMS INChistory →CL A2.15%$1.0B1.41M
7MAMASTERCARD INCORPORATEDhistory →CL A1.50%$727M1.29M
8NFLXNETFLIX INChistory →COM1.47%$712M531.8K
9ERICTELEFONAKTIEBOLAGET LM ERICShistory →ADR B SEK 101.42%$687M81.04M
10SPOTSPOTIFY TECHNOLOGY S Ahistory →SHS1.36%$659M859.1K
11SESEA LTDhistory →SPONSORD ADS1.35%$653M4.08M
12BKNGBOOKING HOLDINGS INChistory →COM1.32%$642M110.9K
13CHKPCHECK POINT SOFTWARE TECH LTDhistory →ORD1.19%$578M2.61M
14CLCOLGATE PALMOLIVE COhistory →COM1.15%$557M6.12M
15CRMSALESFORCE INChistory →COM1.11%$538M1.97M
16INFYINFOSYS LTDhistory →SPONSORED ADR1.11%$537M28.97M
17LOGILOGITECH INTL S Ahistory →SHS1.06%$514M5.72M
18VVISA INChistory →COM CL A1.03%$499M1.40M
19CSCOCISCO SYS INChistory →COM0.96%$467M6.73M
20MCKMCKESSON CORPhistory →COM0.96%$466M636.6K
21BCSBARCLAYS PLChistory →ADR0.87%$422M22.73M
22TAT&T INChistory →COM0.87%$419M14.49M
23ADBEADOBE INChistory →COM0.86%$415M1.07M
24SUSUNCOR ENERGY INC NEWhistory →COM0.86%$414M11.08M
25TMUST-MOBILE US INChistory →COM0.83%$404M1.69M
26ABTABBOTT LABShistory →COM0.81%$394M2.90M
27PEPPEPSICO INChistory →COM0.81%$392M2.97M
28AVGOBROADCOM LTDhistory →ORD SHS0.78%$375M1.36M
29CCITIGROUP INChistory →COM NEW0.74%$360M4.23M
30COSTCOSTCO WHSL CORP NEWhistory →COM0.73%$354M357.7K
31ABNBAIRBNB INChistory →COM CL A0.72%$349M2.64M
32CTASCINTAS CORPhistory →COM0.71%$343M1.54M
33WIXWIX COM LTDhistory →SHS0.69%$336M2.12M
34MRKMERCK & CO INChistory →COM0.68%$331M4.18M
35MCOMOODYS CORPhistory →COM0.68%$328M654.9K
36VZVERIZON COMMUNICATIONS INChistory →COM0.67%$326M7.52M
37BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A0.66%$320M574.9K
38AMATAPPLIED MATLS INChistory →COM0.65%$317M1.73M
39EAELECTRONIC ARTS INChistory →COM0.61%$297M1.86M
40ZMZOOM COMMUNICATIONS INChistory →CL A0.61%$294M3.77M
41EQHEQUITABLE HLDGS INChistory →COM0.60%$292M5.20M
42DEUTSCHE BANK A GNAMEN AKT0.60%$291M9.84M
43FTNTFORTINET INChistory →COM0.60%$288M2.73M
44CMCSACOMCAST CORP NEWhistory →CL A0.59%$284M7.95M
45CAHCARDINAL HEALTH INChistory →COM0.58%$282M1.68M
46ASMLASML HOLDING N Vhistory →N Y REGISTRY SHS0.55%$264M329.9K
47GWWGRAINGER W W INChistory →COM0.52%$252M242.0K
48CVLTCOMMVAULT SYS INChistory →COM0.52%$251M1.44M
49JNJJOHNSON & JOHNSONhistory →COM0.51%$247M1.62M
50VIPSVIPSHOP HLDGS LTDhistory →SPONSORED ADS A0.51%$247M16.38M
51INTUINTUIThistory →COM0.51%$246M312.9K
52VEEVVEEVA SYS INChistory →CL A COM0.51%$245M850.0K
53REGNREGENERON PHARMACEUTICALShistory →COM0.50%$244M465.7K
54PGPROCTER AND GAMBLE COhistory →COM0.50%$244M1.53M
55FFIVF5 INChistory →COM0.50%$241M820.1K
56TSLATESLA INChistory →COM0.49%$237M744.9K
57ROKUROKU INChistory →COM CL A0.49%$237M2.69M
58DBXDROPBOX INChistory →CL A0.46%$224M7.83M
59QFINQIFU TECHNOLOGY INChistory →AMERICAN DEP0.46%$221M5.10M
60NOWSERVICENOW INChistory →COM0.45%$219M213.1K
61MDBMONGODB INChistory →CL A0.45%$217M1.03M
62JPMJPMORGAN CHASE & CO.history →COM0.41%$198M681.5K
63TEAMATLASSIAN CORPORATIONhistory →CL A0.39%$188M925.8K
64DASHDOORDASH INChistory →CL A0.38%$184M747.3K
65TRVTRAVELERS COMPANIES INChistory →COM0.38%$183M683.3K
66ANETARISTA NETWORKS INChistory →COM SHS0.35%$171M1.68M
67ICEINTERCONTINENTAL EXCHANGE INhistory →COM0.35%$169M920.3K
68INCYINCYTE CORPhistory →COM0.35%$169M2.48M
69ADPAUTOMATIC DATA PROCESSING INChistory →COM0.35%$168M543.2K
70PMPHILIP MORRIS INTL INChistory →COM0.33%$161M883.0K
71QCOMQUALCOMM INChistory →COM0.32%$157M983.5K
72RSGREPUBLIC SVCS INChistory →COM0.32%$156M633.6K
73EBAYEBAY INC.history →COM0.32%$156M2.09M
74LRCXLAM RESEARCH CORPhistory →COM0.32%$155M1.59M
75WMTWALMART INChistory →COM0.32%$153M1.57M
76BACBANK AMERICA CORPhistory →COM0.31%$150M3.16M
77LLYELI LILLY & COhistory →COM0.31%$149M190.6K
78RBLXROBLOX CORPhistory →CL A0.30%$143M1.36M
79AZNNASTRAZENECA PLChistory →SPONSORED ADR0.29%$143M2.04M
80BOXBOX INChistory →CL A0.29%$141M4.14M
81MRSHMARSH & MCLENNAN COS INChistory →COM0.29%$140M642.1K
82WMWASTE MGMT INC DELhistory →COM0.29%$140M612.6K
83RBRKRUBRIK INC.history →CL A0.29%$139M1.56M
84MSIMOTOROLA SOLUTIONS INChistory →COM NEW0.28%$134M319.0K
85PLTRPALANTIR TECHNOLOGIES INChistory →CL A0.28%$133M978.3K
86AYIACUITY INChistory →COM0.27%$131M440.2K
87ACNACCENTURE PLC IRELANDhistory →SHS CLASS A0.27%$129M432.2K
88ECLECOLAB INChistory →COM0.26%$128M476.0K
89KMBKIMBERLY-CLARK CORPhistory →COM0.26%$128M992.4K
90AUANGLOGOLD ASHANTI PLChistory →COM SHS0.26%$127M2.79M
91NYTNEW YORK TIMES COhistory →CL A0.26%$125M2.23M
92EEMISHARES TRMSCI EMG MKT ETF · CORE MSCI EAFE · MSCI INDIA ETF · ESG AWR MSCI USA · ESG AW MSCI EAFE0.26%$124M1.87M
93CHECHEMED CORP NEWhistory →COM0.25%$122M250.7K
94JXNJACKSON FINANCIAL INChistory →COM CL A0.25%$121M1.36M
95RDDTREDDIT INChistory →CL A0.25%$121M801.5K
96GEVGE VERNOVA INChistory →COM0.24%$116M218.4K
97TTTRANE TECHNOLOGIES PLChistory →SHS0.23%$113M258.7K
98ATHMAUTOHOME INChistory →SP ADS RP CL A0.23%$113M4.37M
99HDHOME DEPOT INChistory →None0.23%$112M306.5K
100GSKGSK PLChistory →SPONSORED ADR0.22%$108M2.82M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$70.5B2,011May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$60.9B1,959Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$57.3B1,819Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$48.4B1,661Aug 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$35.4B1,602May 21, 202513F-HRchanges · EDGAR ↗
Q4 2024$34.5B1,610Feb 11, 202513F-HRchanges · EDGAR ↗
Q3 2024$32.2B2,074Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$32.5B1,754Aug 6, 202413F-HRchanges · EDGAR ↗
Q1 2024$28.7B1,570May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$25.8B1,679Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$23.9B1,639Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$24.3B1,726Aug 7, 202313F-HRchanges · EDGAR ↗
Q1 2023$22.8B1,743May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$20.3B1,780Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$18.3B1,675Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$19.6B1,685Aug 9, 202213F-HRchanges · EDGAR ↗
Q1 2022$24.3B1,640May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$26.8B1,668Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$26.2B1,696Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$26.6B1,981Aug 11, 202113F-HRchanges · EDGAR ↗
Q1 2021$25.7B2,039May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$25.9B2,193Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$23.9B2,155Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$23.2B2,214Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$17.5B1,788May 11, 202013F-HRchanges · EDGAR ↗
Q4 2019$22.0B1,825Feb 6, 202013F-HRchanges · EDGAR ↗
Q3 2019$23.4B1,880Nov 7, 201913F-HRchanges · EDGAR ↗
Q2 2019$20.8B1,737Aug 8, 201913F-HRchanges · EDGAR ↗
Q1 2019$23.2B1,951May 9, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 2 additional managers.

  • RUSSELL FRANK CO/028-01190
  • Acadian Inc028-11931

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.